INELFE will get €578 million EU support for the Biscay Gulf France-Spain interconnection

Symbios has supported INELFE (Joint-Venture between RTE and REE) successfully in the preparation of a CEF application for the the Biscay Gulf France-Spain interconnection.
A new electricity link will better integrate the Iberian Peninsula into the internal electricity market. The new link will nearly double the interconnection capacity between both countries, increasing it from 2,800 MW to 5,000 MW, and will bring Spain closer to the 10% interconnection target from the current level of 6%.